Re:I Sold My Startup for $25.5 Million
by lquist on Saturday June 07, 2014 @12:15PM
(#7862363)
My startup is in a relatively new industry that has had multiple investments/acquisitions in the past year or so, and we've not been able to pursue conversations with some of these acquirers because we don't have financials in order. We're bringing on an accountant now, but it's never been a priority for us historically as we're in a high margin business with great cash flow. If I could do it again, I'd hire an accountant/hr/operations person a year ago (1yr after starting the company) rather than today.
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